Norwegian wireless fabless manufacturing firm Nordic Semiconductor has become the latest business to occupy the recently refurbished Hanover House office development in Bristol.
The company, which specialises in semiconductor chips used in wireless technology devices, will be based in the building’s fifth floor after agreeing a five-year let with a three-year break.
The firm’s arrival on Queen Charlotte Space in the city centre follows the recent letting of Hanover House’s fourth floor to specialist professional services and technology business Davies Group.
Global supplier of geology and mine planning software Datamine Software agreed a five-year lease for the second floor in August 2020.
Last year refurbishment work was undertaken on Hanover House to include a reconfigured reception, a new shower and changing facilities, cycle storage and car parking.
The deal that saw Nordic Semiconductor secures its new space in the building, totalling 2,750 sq ft, was overseen by Colliers, which advised the landlord as sole leasing agent on Hanover House, while Savills advised Nordic Semiconductor.
With the top three floors of the six-storey building now occupied, James Preece, director in the national offices team at Colliers, said the remaining ground, first and third floors of Hanover House were currently attracting interest from a range of companies.
Mr Preece said: “We anticipate that demand will become even more intense as companies seek to attract staff who have been working from home back to the workplace as pandemic restrictions are lifted.”
Harry Allen, associate director in the Savills office agency team added: “We are pleased to have secured this great workspace for our client Nordic Semiconductor to accommodate their expansion plans in Bristol.
“Hanover House will provide an excellent working environment for their staff as they make the return to the office over the summer months.”
Nordic Semiconductor is headquartered in Trondheim in central Norway and employs around 1,000 people. It also has offices across Europe, Asia, the US and Australia.
Like this story? Why not sign up to get the latest South West business news straight to your inbox.